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Town hall session for Penang highway project

A public town hall on the Pan-Island Link (PIL) highway project has been announced, said NGO Citizen Awareness Chant group (Chant). Chant advisor Yan Lee welcomed the timely move, reported Malaysiakini, saying the session will be organised by the federal government, and stakeholders would be invited to share their views ... Read More

The Turf (New Plan)

The Turf, a freehold residential development proposed by Chong Company facing Penang Turf Club. It is located along Jalan Batu Gantung, right next to to Scotland Villas condominium. The project was initially proposed as a 34-storey residential building in 2012. It is now being revised to a 46-storey building, offering 228 unit ... Read More

Primary Market versus Secondary Market

by Anders Ong There are two main market in properties transaction, which comprise of:- Primary Market – Direct purchase of a new property from developers. Examples are under construction properties or projects off the plan and unsold units from the developers. Secondary Market – Direct purchase of properties from primary ... Read More

Local property market to pick up

Knight Frank Malaysia managing director Sarkunan Subramaniam said foreign investors are expected to return in the first quarter of 2019 on the back of more transparent policies with the new government. "Rents of high-end condominiums will stabilise and prices will hold. As for the office market, rents will remain competitive ... Read More

New National Housing Policy in September

There will be a considerable number of changes in the National Housing Policy expected to be announced in September which includes the rental-tenancy market, the National Housing Department said. Some of the laws will take two years to study and establish but the wheels of change are in the works, ... Read More

Untapped Potential of Northern Seberang Perai

For many home seekers and property investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island. The capital city of George Town has long established itself as one of the country’s most loved cities. However, due to scarcity of land and escalated property ... Read More

Turtle-shaped Art Gallery @ The Light Waterfront

Penang is gaining momentum to be the top destination of choice for arts and culture, and the upcoming art gallery project is set to propel the state even further. The construction of the 88,000 sq ft Lin Xiang Xiong Art Gallery is targeted to begin in December this year and ... Read More

Vogue Lifestyle Residence

Vogue, a mixed development by Aspen Vision City Sdn. Bhd. (Aspen Group) at Batu Kawan. This is part of the 245-acres master-planed development of Aspen Vision City, located between IKEA Store and Vervea commercial precinct. It is just stone's throw away from Batu Kawan toll plaza, under 20 minutes drive ... Read More

UPCOMING: Bayan Baru / Ideal Design Management SB

A proposed commercial development by Ideal Design Management Sdn. Bhd. in Bayan Baru. Strategically located next to the intersection of Jalan Tengah and Jalan Mayang Pasir, adjacent to Pantai Hospital. The land is approximately 8.5 acres, currently occupied by Giant Hypermarket. This development will see the demolition of the existing 2-storey ... Read More

Rehda proposes new affordable housing price thresholds

The Real Estate and Housing Developers' Association Malaysia (Rehda) Institute has proposed affordable housing price thresholds in Peninsular Malaysia, with residential units in Kuala Lumpur and the Klang Valley topping the list at RM500,000. In its summary research report on affordable housing released today, Rehda Institute said the benchmark for ... Read More